My excerpts from the @getzylo (manages $34 billion SaaS spend)...
"2024 SaaS Management Index" - has some important read-throughs for operators AND investors
🔻Average Org Spend:
2021 - $60m
2023 - $45m
💯! huge line item of unoptimized spend and the first generation of solutions serving this opportunity were absorbed/acquired so look for new solutions like @harnessio CCM! and at the app level, there is a ton of redundancy in apps and unused licenses where @getzylo can help!
Software spend (it's all becoming SaaS, right) is quickly becoming the #2 OpEx behind people. It's a top issue for CFOs and CEOs who weren't paying as close attention. cc: team @getzylo
In the first episode of #SaaSMeUnfiltered, Brad Pollard shares with @getzylo how #SaaS is impacting organizations for the better and ways progressive #CIOs can help their companies enable employees without hindering innovation. Listen here: https://t.co/5M8zQHpnL5